Next step silver - over $20.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 7, 2009.

  1. fools_gold

    fools_gold Junior Member

    Tomorrow might really be the day I say, "SELL!"
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  3. krispy

    krispy krispy

    You're such a tease! LOL!
  4. fools_gold

    fools_gold Junior Member

    You know what they say about gold/silver bugs, preach enough about the prices and they will eventually be right.

    For me, bluffing about selling, and one day I will actually sell!!!
  5. elaine 1970

    elaine 1970 material girl

    to sell silver is that when the price is around $30.00 to $40.00.
  6. fools_gold

    fools_gold Junior Member

    I don't want to be 50 years old when that happens. I know silver will take it's dip. I've seen this movie before. If I can sell silver at $19.50+ I know I can pick it up later
    for somewhere in the $17's.... I'm actually trying to get rid of my ugly 10 oz silver bars so I can replace them with ASE's...eventhough premiums are higher.....
  7. krispy

    krispy krispy

    I have to say that I agree with the eventuality of x or y price idea, which is why I think these threads are pure folly, however I see the potential for silver more up in the range Elaine just gave, also, I'm not worried about being 50, 60 or 70, it's even longer range concerns over wealth protection I think we have to consider, what with modern medicines and longer lifespans.
  8. krispy

    krispy krispy

    CURRENTLY: In Asia-Pac markets overnight for Wednesday, 9/1/10,

    GOLD: $1,248
    Silver: $19.37
    Platinum: $1,529
    Palladium: $ 507
  9. krispy

    krispy krispy

    CURRENTLY: In Asia-Pac markets overnight for Wednesday, 9/1/10

    GOLD: $1,248
    Silver: $19.37
    Platinum: $1,529
    Palladium: $ 507
  10. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Nobody under the age of 50 has seen this movie before. But I'll tell you how it ends. Silver will continue to go up and down -- right up to the day when it goes up AND KEEPS GOING. In the meantime, a large percentage of folks who have been investing in silver for years will have sold in anticipation of the next dip -- a strategy that has worked now for a long time, and will not own as much silver as they could have during the biggest gain in silver prices in the life of most of the people here. That's what markets do -- fool the greatest number of people into buying or selling at exactly the wrong time.
  11. fools_gold

    fools_gold Junior Member

    OK fine. I'll hold....

  12. dave92029

    dave92029 Member

    Oh! What I would do to be 50 YO again! LOL
    This time may be "slightly" different than historic market fluctuations. Most of the developed nations are accumulating massive amounts of debt while their working, tax paying populations are declining. What happens when these developed nations are no longer considered credit worthy? PM may once again become an accepted, no the only currency accepted for the exchange of goods and services.

    Seems like a radical thought unless you really read the main stream financial press.

    Do what feels right to you, and good luck.
  13. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Charlton Heston right? Academy award, correct?
  14. fools_gold

    fools_gold Junior Member

    Thank you. And of course I was in no way referring to 50 years old as being old. Brad Pitt and Keanu Reeves are approaching 50 and they look great! I just don't want to wait that long, but what are my options?

    If PM's rise due to currency devaluation, then when do they stop? Do the continue to peak forever? What goes up must come down right? Will creation of a new currency bring down the prices of PM's? I don't know...but I am very curious to know what conditions will occur to top off the prices of PM's....(manipulation aside)

    I don't trust MSM one bit when it comes to "accurate/trustworthy" news...
  15. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    But the question, old fellow, is, are you lookin' great? :) I'm sensing some stress here. Time for some aroma therapy candles.....
  16. fools_gold

    fools_gold Junior Member

    Nahh, not really stress....I'm just sitting in my chair wiggling when the teacher is telling me to sit still!! :D
  17. krispy

    krispy krispy

    That was epic! :thumb: :bow: I really like how you phrased this. :smile
  18. Pocket Change

    Pocket Change Coin Collector

    It's fun reading all this. Everyone says "Oh I'm just 'preserving' wealth. But when the good old silver index gets close to $20, all bets are off and everyone is selling grandma's silver to make a buck.

  19. elaine 1970

    elaine 1970 material girl

    silver high - $19.59/oz.
    gold high - $1,255.50/oz.
  20. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I think werewolves are going to multiply if these prices keep going...:D btw a month ago I bought 80 /ASE's for less then what the spot price is now :D drill baby drill! :D
  21. krispy

    krispy krispy

    CURRENTLY: In UK/EU markets Wednesday, 9/1/2010

    GOLD: $1,254
    Silver: $19.51
    Platinum: $1541
    Palladium: $521

    US market opening in an hour twenty minutes...
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